<u>ANSWER: </u>
The cost or price of the each sport socks is $0.54
<u>SOLUTION:
</u>
Given, cost of 12 pairs of socks is $12.96
First, we will calculate price of each pair of socks
Now, cost of each pair is total amount divided by the total number of pairs
cost of each pair = 

Now, cost of each socks,
Each pair has two socks , so cost of each socks = 
Hence, the cost or price of the each sport socks is $0.54